The US budget deficit widened to 4 billion, which was 4.6% of the nation's gross domestic product. The previous fiscal year deficit was 9 billion, with a deficit-to-GDP-ratio of 3.8%. Total receipts increased by 4% but outlays rose by 8.2%.
The United States' attacks on Chinese trade and companies have provided plenty of opportunities for agricultural cooperation between China and Russia.
The US Federal Reserve’s announcement on Wednesday to leave interest rates at current levels while being “patient” about future increases is expected to steady the nation’s economy.
The UDM's general manager, Topal Andrey Yurievich, told Xinhua that the participation of Sinopec has optimized the administration of the joint venture and increased production efficiency.
The UK government has decided to use Chinese drones for disinfection operations to fight the contagion's spread in the country. China's largest agricultural drone maker, XAG Co Ltd, is prepared to provide technical support to 48 British police drone teams and 100 similar operations in the country's fire service.
The UNGA chief takes pride in the fact that the 72nd session brought the two-and-half-year-old idea of sustaining peace to the attention of world leaders by organizing the first ever High-Level Meeting on Peacebuilding and Sustaining Peace, where "preventive action" was given thorough discussion.
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The US Trade Representative and the US Department of Treasury released on Monday a statement in response to the white paper.
The USS Theodore Roosevelt (CVN-71) is pictured as it enters the port in Da Nang, Vietnam, March 5, 2020. [Photo/Agencies]
The US sold 62 percent of its soybean exports to China in 2016, worth more than billion, according to the Soybean Association.
The US government has so far launched trade remedy measures on Chinese products including steel, aluminum and solar panels this year, causing concerns that the country has excessively used trade protection tools and broken multilateral rules to generate negative impacts to global economic and trade order.